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EUR/USD: Dollar still in trouble
A slow start of the week, with majors ranging most of the day, is seeing a strong dollar selloff late US session, as stocks shed part of its daily gains. Expectations over the FOMC meeting later this week, are keeping investors on their toes and rumors hitting the wires will be the main market movers these days. The EUR/USD hourly chart shows indicators heading north in positive territory, as price moves away from a flat 20 SMA. In the 4 hours chart technical readings also gain positive momentum after latest advance, having been flat around their midlines. Regardless this latest advance, dominant trend is bullish and ... (full story)
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When the facts change I change my mind, what do you do sir
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When the facts change I change my mind, what do you do sir
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